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ET Explainer: All you need to know about Microsoft’s new image-to-video AI model VASA-1
Microsoft's VASA-1 AI model produces hyper-realistic talking faces from a single photo and speech track. Capable of handling various inputs, it offers lifelike output with precise lip sync and natural motions, suitable for gaming, social media, and more.
Malpractices by candidates during online assessments biggest fear among recruiters: Report
A report by AI-powered recruitment automation firm HirePro has revealed that fraudulent practices during online assessments are the biggest fears among recruiters and talent acquisition specialists. The report, based on a survey of 837 recruiters, talent acquisition specialists, and HR professionals, found that the anxiety of finding the right candidate for a role is the biggest concern.
Kill Joy: Licensing issues disrupt digital content consumption
Eight years ago, when global streaming services like Netflix and Prime Video arrived in India, they promised access to a vast and continuously expanding content library. The “digital video-on-demand” branding created an unrealistic expectation that the content would be universally and permanently available. Over the years, snippets from popular international shows circulating on social media have only fuelled the craving for diverse content. Ironically, this very desire has now shattered the illusion of seamless access as licensing-led curbs increasingly constrain users trying to watch anything and everything in the cloud.
Paralyzed man fit with brain chip developed by Elon Musk's firm Neuralink plays online chess
Neuralink is not the only company working on brain devices and brain chips that connect with computers. University of Technology Sydney is working on a project to show how soldiers can use their brain signals to control a robot dog. Know about brain chips and implants in detail.
SC stays govt’s fact-check unit; no CCI relief for Indian internet firms
The apex court has put on hold the Centre's notification on setting up a fact-checking unit. Details on this and more in today’s ETtech Top 5.
How an ex-MD of multinational firm lost Rs 4.8 crore to online fraudsters
A 67-year-old former managing director in Thane falls victim to an online fraud, losing Rs 4.80 crore. Fraudsters pose as central agency officials, accuse him of drug trafficking, coerce bank details, siphon off money. Investigation underway by Thane police.
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On KYC compliance front, payment aggregators may be second to some
As fintech startups try to onboard merchants faster than competition, they’re mostly conducting only the basic checks prescribed by the RBI and skipping enhanced due diligence which could help keep fraudsters away. Large payment companies are approaching KYC more as a security checklist — perhaps for cost considerations — than a monitorable mandate by the RBI.
OTT audio, video services driving internet usage in India: report
According to the Internet in India Report 2023, rural India is driving use cases across OTT, communications, social media, online gaming, net commerce, digital payments, and online learning, accounting for more than 50% of the user base for each.
This Mumbai woman took a stand against 'brothel' remark on her dance video, here's what happened next
A Mumbai woman sought police assistance after a social media user, Prateek Aaryan, made a derogatory remark about her dance video, comparing it to a "kotha" (brothel). Despite Parija's requests, Aaryan refused to remove the post. The dispute arose when Aaryan shared a video of Parija's performance at a college fest, criticizing the cultural integrity of such events.
As Nitish Kumar submits resignation to Governor, old video of him saying 'would rather die than go to NDA' goes viral. Check it here
Bihar CM Nitish Kumar's resignation intensifies political tensions. An old video surfaces of him saying 'would rather die than go to NDA'. Lack of coordination within INDIA bloc, particularly with Congress, led to his switch. Nitish Kumar felt sidelined in the alliance and Congress took center stage. JD(U) has 45 MLAs, NDA has 82, RJD, Congress, and Left parties have 114.
Ecommerce roll-up firms in distress; how Krafton scripted BGMI return
Thrasio-style ecommerce roll-up companies such as Goat Brand Labs are struggling to survive amid an overall funding squeeze. This and more in today's ETtech Morning Dispatch.
Netflix India FY23 report card; key takeaways from Vibrant Gujarat Summit
Streaming giant Netflix saw a 24% rise in revenues from India on the back of lower subscription fees in FY23. This and more in today’s ETtech Top 5.
Netflix India FY23 revenue jumps 24%; profit soars 75%
Net profit at Netflix India soared 75% last fiscal to Rs 35 crore, from Rs 20 crore in FY22, showed regulatory filings with the Registrar of Companies (RoC).
Apple, Google block e-SIM apps in India; Multiverse of foodfluencers
Apple and Google have blocked two e-SIM apps – Airalo and Holafly – from their Indian app stores following a government directive. This and more in today’s ETtech Top 5.
Multiverse of food-fluencers: Too many influencers mean the money pot is stirring only for some
In the throes of pandemic and amid extended lockdowns, even those less inclined towards cooking had started looking up food recipes online, widening the audience base of many culinary content creators. When Instagram launched Reels, it led to an unprecedented reach, paving the way for ‘foodfluencers’ to attain remarkable follower counts.
Govt may tweak rules for AI firms, LLMs; FY23 financials for Unacademy, Myntra
The amendments, to be notified soon by the IT ministry, could mandate that platforms that use artificially intelligent algorithms or language models to train their machines, are free of biases.
Govts shouldn’t take away immunity of online platforms over user posts: Vint Cerf
Cerf also said that companies working on artificial intelligence (AI) and generative AI should be “cautious and careful” about the way they introduce these technologies, while also being transparent about the capabilities of the systems.
Chinese gaming firms unveil share buybacks after regulatory move unnerves investors
Last Friday, regulators published draft rules that would ban online games from giving players rewards if they log in every day, if they spend on a game for the first time or if they spend several times on a game consecutively.
ETtech Explainer | China's curbs on online games to impact digital gaming industry
The draft regulations require gaming companies to introduce caps on recharging in-game wallets and remove features which are meant to increase gameplay such as rewards for daily log-ins.
Bollywood star or deepfake? AI floods social media in Asia
While digitally manipulated images and videos of women were once easy to spot, usually lurking in the dark corners of the internet, the explosion in generative AI tools such as Midjourney, Stable Diffusion and DALL-E has made it easy and cheap to create and circulate convincing deepfakes.
Deal-hunters on track to spend record $12 billion in US Cyber Monday shopping spree
Retailers have been coaxing inflation-weary US shoppers to open their wallets on Cyber Monday with push notifications, text messages and video streaming ads touting heavily discounted cosmetics, electronics, toys, clothing and other products.
Deepfake: Actress Alia Bhatt morphed video gets attention online; increases concern over misuse of technology
Actress Alia Bhatt is the latest victim of deepfake video. The video has gotten the attention of people online who have pointed out the real source of the video. Government has ordered action to fight deepfake issue.
Rashmika Mandanna viral video: Social media firms liable for legal action, says MoS IT
The viral video shows a woman dressed in black inside an elevator whose face has been edited using artificial intelligence (AI) to resemble Rashmika Mandanna.
Indian short-form video apps have over 250 million users: Redseer
While global platforms may be popular among urban users, Indian apps have witnessed greater uptake among audiences in non-metro and semi-urban areas, mostly due to availability of regional-language content
Firms take cognizance of sensitising those in managerial roles
This comes post the video that went viral in June of a prominent bank's senior VP berating his junior colleagues for not meeting their monthly targets and companies are taking stringent measures to avoid such situations.
AI use rising in influence campaigns online, but impact limited: Google-owned cyber firm
Researchers at the Virginia-based company found "numerous instances" since 2019 in which AI-generated content, such as fabricated profile pictures, had been used in politically-motivated online influence campaigns.
Suits Season 9: Where to binge-watch the legal drama online? All Streaming details, release date, and more
As "Suits" made its mega-hit transition to Netflix, fans are eager to know if its ninth and final season will be available for streaming on the platform or not.
Gaming companies differ on tax formula ahead of GST Council’s second meet
The difference in opinion emerged amid an attempt to arrive at an agreement about the final representation to be made to the government ahead of Wednesday’s GST Council meeting.
Congress posts 'mohabbat ki dukaan' video as online battle for 2024 hots up
The Congress has released an animated video online, showing what it termed the divisive tactics of the ruling BJP and Rahul Gandhi's role in uniting India. The video, released via Twitter, shows the Prime Minister, Narendra Modi, driving a chariot, with democracy, media, and bureaucracy enchained on top, and the Home Minister, Amit Shah, attempting to drive a wedge between a Hindu and a Muslim before Gandhi unites them.Load More
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